Zhejiang Unicorns

Top 18 Unicorn Startups Founded in Zhejiang

Over 17 unicorn startups are found in Zhejiang and here is the full list of these unicorn companies.

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Being a startup is hard enough, but success is even harder.

There are +700 Unicorns around the world who have reached the $1 billion valuations by raising money from venture capitalists.

If you want to start an online business, you should look for the following 18 companies in Zhejiang that achieved unicorn status.

Top 18 Unicorn Startups in Zhejiang

Ant Group

Ant Group

Ant Financial Services Group is a leading online financial services provider in China, covering consumer finance, wealth management products and more.

Details of the startup:

  • Valuation:

    $200

    B (

    March 2021

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2014

  • Founders:

    Lucy Peng

  • Industries:

    Banking, Financial Services, FinTech, Payments

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $22,000,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    15

here

BeiBei

BeiBei

Beibei is an e-commerce platform providing a variety of affordable products for parents and caregivers.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2015

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2011

  • Founders:

    Lianglun Zhang

  • Industries:

    E-Commerce, Fashion, Shopping

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $224,300,000

  • Number of funding rounds:

    4

  • Number of investors:

    7

here

Caocao Chuxing

Caocao Chuxing

Caocao Chuxing is a Chinese company that operates the world’s largest mobility platform, offering taxi-hailing, car-sharing, bus-hailing, and bike-sharing services.

Details of the startup:

  • Valuation:

    $1.60

    B (

    January 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Jinliang Liu

  • Industries:

    Energy, Mobile Apps, Recreational Vehicles, Ride Sharing, Transportation

  • Number of employees:

    500-1,000

  • Funding Amount:

    CN¥1,000,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

CGTZ

CGTZ

CGTZ is the world’s first broker that uses risk-based pricing to provide clients with complex investment and loan-related products and services.

Details of the startup:

  • Valuation:

    $2.41

    B (

    February 2017

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2013

  • Founders:

    Zhongkao Jin

  • Industries:

    Financial Services, FinTech, Lending, Risk Management

  • Number of employees:

    10-50

  • Funding Amount:

    $521,062,625

  • Number of funding rounds:

    4

  • Number of investors:

    4

here

Chemao

Chemao

Chemao is a platform designed to facilitate buying and selling of used cars.

Details of the startup:

  • Valuation:

    $1

    B (

    September 2015

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2012

  • Founders:

    Guangyu Han, Wei Huang

  • Industries:

    Automotive, E-Commerce, E-Commerce Platforms, Marketplace, Online Auctions, Sales

  • Number of employees:

    50-100

  • Funding Amount:

    $198,735,094

  • Number of funding rounds:

    2

  • Number of investors:

    1

here

Dt Dream

Dt Dream

Dt Dream Inc. is a visionary cloud solutions and big data analysis company that is transforming the way businesses make decisions by providing intelligence that harnesses the power of information to improve productivity, efficiency, and profitability.

Details of the startup:

  • Valuation:

    $1.50

    B (

    June 2017

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Jingchuan Wu

  • Industries:

    Big Data, Cloud Computing, Cloud Data Services, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $266,589,326

  • Number of funding rounds:

    3

  • Number of investors:

    5

here

DXY

DXY

DXY is an online community that brings together the world’s top doctors, organizations, and consumers in order to provide innovative ways to improve healthcare.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2000

  • Founders:

    Jin Zhang, Tiantian Li

  • Industries:

    Consumer Software, Health Care, Life Science, Medical, mHealth, Pharmaceutical, Social Media, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $682,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    6

here

ECARX

ECARX

ECARX is a real-time vehicle positioning system that pinpoints the position of your car, and warns you about potential traffic jams.

Details of the startup:

  • Valuation:

    $1.49

    B (

    October 2020

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Artificial Intelligence, Automotive, Information Services

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $394,323,889

  • Number of funding rounds:

    3

  • Number of investors:

    5

here

Jollychic

Jollychic

Jollychic is a premier online fashion destination, offering the latest looks straight from the runways for women and men.

Details of the startup:

  • Valuation:

    $1.50

    B (

    May 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2012

  • Founders:

    Aaron Li

  • Industries:

    E-Commerce, Fashion, Retail, Sales

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $95,798,797

  • Number of funding rounds:

    3

  • Number of investors:

    6

here

Kujiale

Kujiale

Kujiale is a web-based interior design platform that offers products and services for consumers to redecorate their home, office or apartment by designing 3D rooms.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2019

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2011

  • Founders:

    Hang Chen, Xi Zhu, Xiaohuang Huang

  • Industries:

    Home Decor, Interior Design, Internet, SaaS

  • Number of employees:

    100-250

  • Funding Amount:

    $234,835,624

  • Number of funding rounds:

    6

  • Number of investors:

    9

here

Leapmotor

Leapmotor

Leapmotor is poised to become a leading brand in China’s burgeoning electric vehicle market.

Details of the startup:

  • Valuation:

    $1.01

    B (

    November 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2015

  • Founders:

    Fu Liquan, Zhu Jiangming

  • Industries:

    Automotive, Electric Vehicle, Energy, Manufacturing

  • Number of employees:

    500-1,000

  • Funding Amount:

    $1,067,748,548

  • Number of funding rounds:

    4

  • Number of investors:

    12

here

Panshi

Panshi

Panshi is a digital advertising agency that provides small and mid-sized organizations with affordable online marketing solutions.

Details of the startup:

  • Valuation:

    $1.24

    B (

    October 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2004

  • Founders:

    Angel Jin, Dike Hou, Eliane Wu, Harold Zhang, Helen Liu, Hong Wang, Keming Yang, Patrick Chen, Tom Tian, Yue Wu

  • Industries:

    Advertising, Advertising Platforms, Affiliate Marketing

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $655,181,113

  • Number of funding rounds:

    4

  • Number of investors:

    6

here

Souche

Souche

Souche is the leading second-hand car trading company that provides quality services for all types of cars.

Details of the startup:

  • Valuation:

    $3.00

    B (

    November 2017

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2012

  • Founders:

    Junhong Yao

  • Industries:

    Automotive, FinTech, Internet, Leasing, SaaS

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,213,400,000

  • Number of funding rounds:

    7

  • Number of investors:

    17

here

Taobao Movie

Taobao Movie

Taobao Movie is a one-stop entertainment platform that enables users to go from searching, viewing, buying to enjoying movies and TV series in just one click.

Details of the startup:

  • Valuation:

    $2.10

    B (

    May 2016

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2014

  • Founders:

    Yuan Yuan

  • Industries:

    E-Commerce, Film, Ticketing, Web Browsers

  • Number of employees:

    500-1,000

  • Funding Amount:

    CN¥1,700,000,000

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

Tongdun Technology

Tongdun Technology

Tongdun Tech is a comprehensive software company that offers specialized systems for anti-theft and anti-fraud management applications, specializing in protection of physical and digital assets.

Details of the startup:

  • Valuation:

    $1.32

    B (

    April 2019

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2013

  • Founders:

    Jackal Ma, Tao Jiang

  • Industries:

    FinTech, Internet, Network Security, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $251,836,983

  • Number of funding rounds:

    6

  • Number of investors:

    13

here

Wacai.com

Wacai.com

Wacai creates mobile applications that provide personal finance software and financial tools. Wacai’s advanced, user-friendly technology delivers real-time updates on market trends that can be used to make smart financial decisions.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2018

    )

  • Country:

    China

  • City:

    Hangzhou

  • Started in:

    2009

  • Founders:

    Kevin Quan

  • Industries:

    Finance, Financial Services, Information Technology, Mobile Apps

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $341,543,640

  • Number of funding rounds:

    7

  • Number of investors:

    12

here

WeDoctor

WeDoctor

WeDoctor provides state of the art innovative technologies and platforms for multi-specialty medical practitioners and health institutions for efficient effective electronic health care.

Details of the startup:

  • Valuation:

    $7.00

    B (

    September 2015

    )

  • Country:

    China

  • City:

    Xiaoshan

  • Started in:

    2010

  • Founders:

    Liao Jieyuan

  • Industries:

    Health Care, Hospitality, Internet, Medical

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,020,500,000

  • Number of funding rounds:

    8

  • Number of investors:

    13

here

Zhidou

Zhidou

Zhidou is a leading pure electric vehicle brand that offers “micro-travel vehicles”.

Details of the startup:

  • Valuation:

    $1.26

    B (

    December 2017

    )

  • Country:

    China

  • City:

    Ninghai

  • Started in:

    2006

  • Founders:

    Wenguang Bao

  • Industries:

    Automotive, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    CN¥3,000,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    1

here
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